Bentley Systems, Incorporated (BSY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, and thank you for joining Bentley Systems Q1 2026 results. I'm Eric Boyer, Bentley's Investor Relations Officer. On the webcast today, we have Bentley Systems Executive Chair Greg Bentley, Chief Executive Officer Nicholas Cummins, and Chief Financial Officer Werner Andre. This webcast includes forward-looking statements made as of May 7, 2026, regarding the future results of operations and financial position, business strategy and plans, and objectives for future operations at Bentley Systems Incorporated. All such statements made in or contained during this webcast are other than statements of historical fact or forward-looking statements. This webcast will be available for replay on Bentley Systems' Investor Relations website at investors.bentley.com on May 7, 2026. After our presentation, we will conclude with Q&A. And with that, let me introduce the Executive Chair of Bentley Systems, Greg Bentley. Thanks to each of you for your interest in BSY's 26Q1. Nicholas will describe factors that contributed to commendable operating performance favorably according, as usual for BSY, with our annual full-year outlook. Werner will put this in the financial terms, which continue to differentiate BSY as leading among peers both in the quality and in the measures most meaningful to shareholders of sustained profitability and cash flows. I will supplement their on-the-ground reporting with perspectives behind our characteristically even higher prioritized endeavors to benefit our future value, in particular through advancements which make AI for us more a seminal opportunity than a terminal threat. Last quarter, I enumerated some respects in which Bentley Systems' prospects are rather uniquely enhanced and accelerated by AI. Our advantages, as summarized here, mak...